Which of the following is a topic studied by microeconomists?
A) Energy consumption by a firm
B) Nationwide inflation rate
C) Economic growth as a means to alleviate poverty
D) Aggregate demand and aggregate supply in an economy

Question

Quizplus · Accepted Answer

Microeconomists study the behavior of individual consumers, firms, and industries, and so examining the energy consumption of a particular firm would fall under their area of inquiry.

Answer: B, C, D are not the correct answers because they are topics more closely associated with macroeconomics, which looks at the broader aspects of the economy, such as national output and overall economic performance.

Which of the Following Is a Topic Studied by Microeconomists